Predict your next investment

Private Equity
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Accounting & Finance Services
crgpartners.com

See what CB Insights has to offer

Stage

Acquired | Acquired

About CRG Partners

CRG Partners addresses the operational and financial challenges facing organizations. The company offers clients a diverse suite of operational improvement and financial restructuring services: Performance Improvement, Turnaround Management, Bankruptcy Reorganization, Financial Advisory and Fiduciary Services.In April 2012, CRG Partners was acquired by Deloitte. The valuation of CRG Partners was undisclosed. Other terms of the deal were not released.

CRG Partners Headquarter Location

477 Madison Ave Suite 1220

New York, New York, 10022,

United States

212-370-5550

Latest CRG Partners News

CRG Partners With U.S. Logistics Fund I

Nov 13, 2018

Logistics Fund I Announces partnership with build-to-core industrial investment vehicle News provided by Share this article ST. LOUIS, Nov. 13, 2018 /PRNewswire/ -- National developer CRG, today announced that it has partnered with U.S. Logistics Fund I (USLF I), an industrial real estate fund. As CRG's first institutional fund partnership it will focus on making investments in the development of modern distribution facilities in U.S. markets with primary logistics corridors and multi-modal transportation networks. The fund will hold the industrial assets long-term, seeking core-plus returns for its investors. USLF I has secured a seed commitment from an institutional investor and is currently seeking additional commitments from new investors. "The partnership with USLF I is a logical extension of our integrated platform and serves as a major benefit to our clients," said CRG President Shawn Clark. "CRG's investors will continue to benefit from our robust pipeline, mitigated delivery risk and enhanced returns through development." To date, USLF I has made investments in three CRG developments including The Cubes at Bridgeport, a 1 million square foot speculative warehouse in the South I-85 Atlanta market; The Cubes at DuPont, a 1.6-million- square-foot industrial park with 340,000-square-feet of existing space and 1.25-million-square-feet of new development in the Seattle market; and The Cubes at Troutdale, a 350,000-square-foot speculative warehouse in the Portland market. "Tenant demand for modern logistics facilities is at an all-time high and consumer demand to purchase goods online is driving e-commerce growth globally. In order to stay competitive retailers are demanding state-of-the-art industrial facilities that can accommodate the latest automation technologies as well as properties that can accommodate increased trailer storage and car park requirements. With the majority of existing inventory obsolete, CRG believes demand for new supply will extend the current cycle for years to come," added Clark. CRG recently announced new offices in Newport Beach, California and Conshohocken, Pennsylvania to service the West and Northeast regions respectively. The offices are led by former DCT Industrial Trust leaders, Bud Pharris and Frank Petkunas. Over the next three years, CRG expects to deliver assets that exceed $1 billion of value. For more information about CRG and U.S. Logistics Fund 1, visit realcrg.com. About CRG CRG is Clayco's private real estate development firm that acquires, develops, and operates real estate assets. Headquartered in St. Louis, Missouri with offices in Chicago, Sacramento, Atlanta, Pittsburgh and northern New Jersey, the CRG team has developed more than 5,000 acres of land and delivered over 160 million square feet of commercial, industrial, and multi-family assets exceeding $9 billion in value. For more information visit www.realcrg.com . About U.S. Logistics Fund 1 U.S. Logistics Fund 1 (USLF 1) creates value for institutional investor clients by making informed real estate investments in industrial properties. The fund seeks to invest in value-added acquisition and development of modern distribution facilities in core markets and strategic logistics locations throughout North America. About The Cubes The Cubes industrial brand is owned and developed by CRG. The Cubes represents CRG's philosophy of developing for the demands of next generation industrial users. The Cubes are designed with an emphasis on sustainability and state-of-the-art building specifications with consumer centric logistics strategies. With the end user always in mind, The Cubes offer superior access to logistics networks and strong, qualified labor supplies. About Clayco Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering and construction firm that delivers clients across North America the highest quality solutions on time, on budget, and above and beyond expectations. With over $2 billion in revenue for 2017, Clayco specializes in the "art and science of building," providing fast track, efficient solutions for industrial, commercial, institutional and residential related building projects. For more information visit  www.claycorp.com . Media Contact

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.